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Pond Technologies Holdings Inc V.POND

Alternate Symbol(s):  PNDHF

Consumer Defensive Farm Products
Pond Technologies Holdings Inc. is a technology company engaged in controlled environment cultivation of microalgae. Its primary business is to pursue microalgal biomass cultivation using available sources of CO2, including CO2-rich emission sources from industrial plants and the licensing of its technology. It has developed a technology platform based on artificial intelligence, proprietary LED lights and patented CO2-management. Its segments include Nutraceutical Products, Technology Services and Corporate. The Nutraceutical Products segment includes production and sales to consumers and business and distribution or third-party products. The Technology Services segment is engaged in the production of microalgal biomass, consulting, engineering services and the construction of biomass production facilities. It also has a Biotech division focused on the growth of unique strains of micro-algae to be used as a reproductive medium for the expression of human antibodies and proteins.


TSXV:POND - Post by User

Pond Technologies Holdings Inc
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Post by maysilverstoneon May 07, 2021 4:54pm
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Post# 33157451

$POND- keeping a close eye on this one

$POND- keeping a close eye on this one
$POND up today 7.5% to $0.72 with a market cap of only $30.47M. $POND is a technology company that profitably transform's CO2 from any source into valuable algae-based products such as bioproducts, food ingredients, or nutraceuticals. Algae is expected to be the future of plant-based feeds for livestock. Their resource efficient method requires minimal land and loses zero water.
 
They've recently announced their entry to the XPRIZE Carbon Removal competition funded by Elon Musk (with a prize of $100M). (Link: https://www.pondtech.com/media-releases/press-release-former-carbon-xprize-semi-finalist-pond-technologies-announces-entry-to-elon-musk-sponsored-xprize-carbon-removal-competition/)
 
POND currently has 9 US patents and 24 international patents in process globally. The annual global markets that algae can supply exceeds $400B. Using a greenhouse gas associated with global warming to create algae products is a game changer considering the current climate crisis, and I'll be sure to watch this one closely. 

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